Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Services, Mining & Oil and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.13%.
The biggest gainers of the session on the PSEi Composite were Sm Prime Hldgs (PS:SMPH), which rose 2.75% or 0.600 points to trade at 22.400 at the close. Petron (PS:PCOR) added 1.72% or 0.140 points to end at 8.300 and Ayala Corp (PS:AC) was up 1.48% or 11.500 points to 789.500 in late trade.
Biggest losers included Globe Telecom (PS:GLO), which lost 3.88% or 88.000 points to trade at 2182.000 in late trade. Intl Container (PS:ICT) declined 3.82% or 2.900 points to end at 73.000 and Bloomberry Res (PS:BLOOM) shed 3.13% or 0.200 points to 6.200.
Declining stocks outnumbered rising ones by 111 to 78 and 7 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.32% or 3.60 to $1117.70 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.55% or 0.27 to hit $47.63 a barrel, while the December Brent oil contract fell 0.85% or 0.43 to trade at $50.11 a barrel.
CNY/PHP was down 0.14% to 7.3887, while USD/PHP fell 0.15% to 46.815.
The US Dollar Index was up 0.23% at 97.47.